Wednesday -- The New New Economy: Different This Time, All Over Again

For the fifth time in the past few months, the Facebook has acknowledged either overstating or understating ad metrics.

According to the WSJ, the Facebook is issuing refunds to some advertisers after discovering a bug leading it to overstate clicks on the advertisers' websites which were mistakenly registered as advertiser website clicks.

Media buyers have jumped on the social media bandwagon because it's hot. At some point, that perception will change, and so will the fortunes of these companies.

Mood:
I could not believe my eyes when I read this. Then I realized the writer was serious (I think):

"Smart, clear, level headed thinking . . . It calms me to read an unbiased assessment of this market by the numbers."

"Great job and key insight here! Thx!"

"Still check your blog just about every day, great reading. Love It!!!!!!"

"You were born for writing and trading. I love your blog."

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